10-12 Charles St, Winthrop, (Cottage Hill), MA, 02152
14 rooms
7 beds
4 Full baths
1912
3,688 sqft
Well-located 4-family investment property in the heart of Winthrop’s Cottage Hill neighborhood. 10–12 Charles Street offers four separately metered units totaling 3,688 square feet on a 6,127 sq ft lot, with strong in-place income and upside. The unit mix consists of two larger units and two one-bedroom units, appealing to both long-term renters and owner-occupants seeking supplemental income. Current rents total approximately $8,550 per month, with additional room for optimization over time. The property features off-street parking for six vehicles, a major value driver in this coastal submarket, along with a full unfinished basement ideal for storage and future improvements. Several units have been refreshed, providing a solid balance of immediate cash flow and long-term capital improvement potential. Located just blocks from the ocean, public transportation, schools, and Winthrop Center amenities, this asset benefits from strong rental demand driven by proximity to Boston & Logan.
Status:
Active
Town:
Winthrop
Type:
Multi-family
Units:
4
Zoning:
res
Energy Features:
Thermostat
Basement:
Full, Unfinished
Levels:
2
Parking:
6-car, Paved Drive, Off Street, Leased, Paved
Acreage:
0.14
Est. Taxes:
$8,970
Assessment
$869,200
Construction
Frame
Lot Description:
Flood Plain
Amenities:
Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, Marina, Public School, T-Station, Sidewalks
Appliances:
Range, Refrigerator
MLS #:
73475129
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Reserve Team, Reference Real Estate 781-342-0052